Form D · Other Investment Fund

Yield (Exempt) Fund, L.P.

Houston, TX · CIK 0001521448

Offering snapshot reported Jan 16, 2014 · SEC filing

Reported sold
$15.9M
Indefinite offering
Investors reported
25
Form D · investor count
Minimum accepted
$1M
Reported outside-investor minimum
First sale
Jun 1, 2011
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$7.95M$15.9MJun 7, 2011: $1,800,000.00Jun 7, 2011Jul 12, 2011: $2,260,720.00Aug 10, 2011: $7,562,720.00Sep 8, 2011: $7,755,614.00Oct 7, 2011: $7,855,614.00Nov 7, 2011: $8,755,614.00Dec 12, 2011: $9,009,614.00Jan 10, 2012: $10,109,614.00Mar 9, 2012: $10,709,614.00Apr 16, 2012: $11,924,614.00Aug 15, 2012: $13,524,615.00Jan 15, 2013: $14,374,615.00Mar 14, 2013: $14,374,615.00Jan 16, 2014: $15,904,615.00Jan 16, 2014

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

  • Reported sold$14,374,615 → $15,904,615
  • Reported investors22 → 25

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Jan 16, 2014Amendment$15,904,615$1,530,000vs Mar 14, 201325SEC filing
Mar 14, 2013Amendment$14,374,615$0vs Jan 15, 201322SEC filing
Jan 15, 2013Amendment$14,374,615$850,000vs Aug 15, 201222SEC filing
Aug 15, 2012Amendment$13,524,615$1,600,001vs Apr 16, 201220SEC filing
Apr 16, 2012Amendment$11,924,614$1,215,000vs Mar 9, 201218SEC filing
Mar 9, 2012Amendment$10,709,614$600,000vs Jan 10, 201215SEC filing
Jan 10, 2012Amendment$10,109,614$1,100,000vs Dec 12, 201114SEC filing
Dec 12, 2011Amendment$9,009,614$254,000vs Nov 7, 201112SEC filing
Nov 7, 2011Amendment$8,755,614$900,000vs Oct 7, 201112SEC filing
Oct 7, 2011Amendment$7,855,614$100,000vs Sep 8, 201110SEC filing
Sep 8, 2011Amendment$7,755,614$192,894vs Aug 10, 20119SEC filing
Aug 10, 2011Amendment$7,562,720$5,302,000vs Jul 12, 20117SEC filing
Jul 12, 2011Amendment$2,260,720$460,720vs Jun 7, 20113SEC filing
Jun 7, 2011Initial$1,800,000No comparison1SEC filing

Offering details

Securities
Equity, Pooled investment fund
Exemptions
06b, 3C, 3C.1
Duration over one year
Yes
Business combination
No
Sales commissions
$3.7K
Finders' fees
$0
Form D file number
021-160912
The Issuer's advisor, an affiliate, pays from its own resources (including from amounts disclosed in item 16) sales compensation to financial intermediaries who assist with the Issuer's private placement of interests in the estimated annual amount above.

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
Matthew P. Summers5584800Salient Capital L.P. · CRD 147912
Matthew H. Moncrief5452086Salient Capital L.P. · CRD 147912

Source: Form D, filed Jan 16, 2014. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

THE YIELD (EXEMPT) FUND, L.P.

Investment adviser: SALIENT ADVISORS, L.P.

Gross asset value
$470K
Beneficial owners
20
ADV minimum commitment
$1M

Reported in Form ADV on Nov 5, 2020. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator US BANCORP FUND SERVICES, LLC MILWAUKEE, Wisconsin, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor BKD, LLP DALLAS, Texas, United States
Custodian US BANK NATIONAL ASSOCIATION MILWAUKEE, Wisconsin, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

BKD, LLP
PCAOB 686

Filing source

Form ADV 1466276 · Nov 5, 2020 · Schedule D 7.B.(1), fund 805-7399853991

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
John Arthur Blaisdell Executive
Andrew Baird Linbeck Executive
Lee Partridge Executive
John E. Price Executive
Jeremy Lawrence Radcliffe Executive
N/A Salient Capital Management, Llc Director
Arthur Haag Sherman Director, Executive
James Sivco Executive
N/A N/A The Yield Fund Gp, Llc Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
4265 San Felipe, 8 Th Floor
Houston, TX, 77027